Stocks availability
Currently, stock trading is only available to U.S. clients residing in Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, Nevada, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, West Virginia, Wyoming, Utah, Vermont, Virginia,Virgin Islands, Wisconsin, and the District of Columbia. We’re working to make stock trading available in more states soon!
On the Kraken app you can buy and sell stocks instantly.
To buy stocks:
- 1.Open the Kraken app.
- 2.Tap the Trade button, then select Buy.
- 3.Search for or browse through the list of stocks, then tap the stock you want to buy.
- 4.Enter the amount you want to invest using your USD balance.
- 5.Review the important details and tap Confirm.
- 6.That’s it! You can view your stocks under the Activity > Transactions tab.
To sell stocks:
- 1.Open the Kraken app.
- 2.Tap the Trade button, then select Sell.
- 3.Search for or tap the stock you want to sell.
- 4.Enter the amount you want to sell.
- 5.Review the important details and tap Confirm.
- 6.That’s it! You have successfully sold your stock.
Important reminders
Trading outside of market hours:
Regular market hours are 9:30AM to 4PM ET, Mon to Fri. Markets are closed during certain U.S. holidays.
Regular market hours are 9:30AM to 4PM ET, Mon to Fri. Markets are closed during certain U.S. holidays.
What happens when you place an order outside market hours?
Market orders placed outside regular hours will be queued and executed at the next market open, and at the best available price. Learn more.
Understanding the Pattern Day Trading (PDT) Rule
The Pattern Day Trading (PDT) rule restricts accounts with less than 25,000 USD equity on the previous trading day to 3 day trades every 5 business days. If you exceed the limit, you’ll be flagged as a Pattern Day Trader and your account will be restricted to only selling the stocks you own for 90 days . To protect users from exceeding this limit, Kraken tracks your day trades in real time and will prevent you from buying more stocks if you have already executed 3 days trades in a 5 day period.
If you stay under this threshold, your account will not be flagged for PDT. PDT accounts are subject to specific regulations and requirements. Learn more.